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| rev | Admin | (Created page with "Rhonda purchases a perpetuity providing a payment of 1 at the beginning of each year. The perpetuity’s Macaulay duration is 30 years. Calculate the modified duration of this perpetuity <ul class="mw-excansopts"><li>28.97</li><li>29.00</li><li>29.03</li><li>29.07</li><li>29.10</li></ul> {{soacopyright | 2023 }}") | Nov 20'23 at 0:27 | +316 |